Friday December 27, 2024

Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory

Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory

by Jamie Redman April 29, 2024 1 min read

(Originally posted on : Bitcoin News )

As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower […]

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